Robotics & Automation News

Where Innovation Meets Imagination

technology

Visteon partners with Steradian Semiconductors to build ‘enhanced’ advanced driver assistance systems

by

Visteon, a technology company serving the mobility industry, and Steradian Semiconductors, an India-based high-tech imaging radar specialist, will collaborate on efforts that will produce “enhanced” Advance Driver-Assistance Systems (ADAS) for the global automotive market.

As part of a joint development agreement, Steradian will provide Visteon with access to its advanced 4D image radar sensor hardware and perception software technology.

Imaging radars are integral to autonomous driving technology that are classed as Level 2 and above because they enable safety application development, AI-based perception algorithms, and sensor fusion. [Read more…] about Visteon partners with Steradian Semiconductors to build ‘enhanced’ advanced driver assistance systems

Kinova raises $48 million in new financing

by

Kinova, a privately-held Canadian developer of robotic solutions for the medical and industrial markets, has raised investments totaling C$40 million ($32 million), led by Graham Partners with the participation of Export Development Canada.

The robotics company is also pleased to announce the prior closing of an agreement with the Government of Canada under the Strategic Innovation Fund for a total of C$20 million ($16 million).

These investments will accelerate the development and commercialization of Kinova’s solutions. In addition, the Canadian robot maker will use the funds to augment engineering resources to meet the demands of global customers. The new products for the industrial markets will be announced later in 2022. [Read more…] about Kinova raises $48 million in new financing

Verizon Robotics and LA Times to ‘enhance storytelling’ with network-connected robots and drones

by

Verizon Robotics Business Technology, a business unit of telecommunications giant Verizon and one of America’s leading newspapers, the Los Angeles Times, have entered into an agreement to accelerate the application of advanced robotics and other technology from Verizon to expand on the way news is gathered, shared and consumed.

Through the engagement, the companies will work to integrate technologies including 4G-connected drones, 5G-connected ground robots and 3D modeled data, among others, to redefine digital media and add dimension to news reporting and storytelling. [Read more…] about Verizon Robotics and LA Times to ‘enhance storytelling’ with network-connected robots and drones

Outrider releases ‘fully autonomous’ truck parking system

by

Outrider, a developer of autonomous technology for yard operations at logistics hubs, has released “fully autonomous” trailer backing capabilities to its fleet.

This proprietary technology enables autonomous yard trucks to back trailers into tight spaces with precision and without modifications to trailers.

These capabilities are now available as part of the Outrider System, which automates distribution yards for large, logistics-dependent enterprises. [Read more…] about Outrider releases ‘fully autonomous’ truck parking system

Autonomous vehicle simulation startup MorAI raises $20 million funding

by

MorAI, a developer of autonomous vehicle simulation technology, has secured a $20 million Series B funding round.

The round includes investment from new investors Korea Investment Partners, KB Investment, and the state-run Korea Development Bank, as well as from existing investors Naver’s D2 Startup Factory, Hyundai Motor Group’s Zero1ne, Kakao Ventures, and Atinum Investment, bringing MorAI’s total funding to date to $25 million.

MorAI was co-founded in 2018 by three autonomous driving researchers from the Korea Advanced Institute of Science and Technology. Ever since, the company has established itself as South Korea’s sole provider of full-stack autonomous vehicle simulation solutions. [Read more…] about Autonomous vehicle simulation startup MorAI raises $20 million funding

‘We wrote the playbook’: Michigan reinvents itself as the global capital of autonomous mobility

by

The US state of Michigan is reinventing itself as the global capital of autonomous mobility. From opening an air corridor for drones to building a stretch of road on which electric vehicles can charge themselves wirelessly as they move along, the state is creating an ecosystem which could become something of a template for the rest of America.

Michigan is, as most readers will know, the state in which Detroit is located. Detroit, the most populous city in the state, is the historic centre of the modern global automotive industry, or “Motor Town” as it was famously called many decades ago, inspiring the name “Motown” for the even more famous record label.

And while it may have lost some of its industrial status in recent decades, Detroit still provides homes and office space to some of the largest automotive companies in the world: Ford, General Motors, Mercedes-Benz USA, Fiat Chrysler Automobiles, and a whole range of automotive components, systems and parts manufacturers. [Read more…] about ‘We wrote the playbook’: Michigan reinvents itself as the global capital of autonomous mobility

Startup awarded $5 million to build autonomous car that ‘runs on light’

by

Intelligence Advanced Research Projects Activity (IARPA), an agency of the US military akin to Darpa, is funding a $4.8 million project spearheaded by Boston University College of Engineering, the Harvard John A. Paulson School of Engineering and Applied Sciences, and Lightmatter, a startup developing “photonic supercomputing” chips.

Electro-photonic computing, or optical computing, is thought to hold the promise of solving one of the biggest technical hurdles that self-driving cars face today – delivering high performance, low latency computing power that is also energy efficient.

At the end of the IARPA-funded experiment, the scientists hope to have “a fully functioning prototype of a self-driving car that runs on light”. [Read more…] about Startup awarded $5 million to build autonomous car that ‘runs on light’

Automotive software company TTTech Auto raises $285 million investment from Aptiv and Audi

by

TTTech Auto, an Austria-based automotive safety technology startup, has raised $285 million (€250 million) from Aptiv and Audi in its latest funding round.

Aptiv is investing $228 million (€200 million), while Audi is increasing its existing stake by $57 million (€50 million).

With this latest funding round and a valuation of more than $1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns. The transaction is subject to regulatory approval and is expected to close within the next two months. [Read more…] about Automotive software company TTTech Auto raises $285 million investment from Aptiv and Audi

LeddarTech raises $140 million to develop autonomous driving technology

by

LeddarTech has raised investment of $140 million, which comprises a Series D first close of $116 million and debt facility of $24 million.

LeddarTech is a developer of advanced driver assistance systems (ADAS) and autonomous driving sensing technology.

FS Investors led the financing round with the participation of Investissement Québec, BDC Capital, Go Capital, certain funds managed by Fidelity Investments Canada ULC, Fonds de solidarité FTQ, Export Development Canada, ams Osram, Desjardins Capital, UI Investissement, Cowen Investment II LLC and other LeddarTech management. [Read more…] about LeddarTech raises $140 million to develop autonomous driving technology

Uruguay to build world’s largest smart street lighting system in Montevideo

by

National Narrowband Network Company (NNNCo), operator of the Australian national LoRaWAN network powered by Actility, has signed a contract with a European technology provider Wellness TechGroup, to provide IoT network coverage to 70,000 smart streetlights in Uruguay’s capital Montevideo.

LoRaWAN stands for low-power wide-area network. It defines the communication protocol and system architecture for the network, while the LoRa physical layer enables the long-range communication link. LoRaWAN is also responsible for managing the communication frequencies, data rate, and power for all devices.

The Montevideo infrastructure will include a private LoRaWAN network based on Actility’s ThingPark Enterprise IoT platform, and managed on customer premises. [Read more…] about Uruguay to build world’s largest smart street lighting system in Montevideo